Founded in May 2009, BungoBox is an innovative company that is transforming the traditional moving process by renting out reusable plastic boxes to save consumers time and money over traditional moving methods. The edgy company, with a slogan of “We Make Moving Less Sucky,” takes the hassle out of procuring moving materials by delivering its stackable moving boxes to the customer’s doorstep. (A large box of about 2.5 cubic feet rents for $1.75 a week.) Once they’ve been unpacked, BungoBox picks them up at the new residence.
“Our boxes rent for a quarter a day, so you can pack up a two-bedroom apartment for less than $80 on a one-week minimum,” says Tom Cannon, BungoBox co-founder and CEO. “It’s a simple concept that is transforming the moving industry.”
BungoBox, launched the franchise option in late 2010, and co-founders Tom and Bob Cannon were overwhelmed when they received more than 100 franchise applications. The fast growing Orlando-based company has opened an average of one new location per month.
The company recently awarded a new BungoBox franchise in Denver, Colorado, bringing the total number of BungoBox franchises in Canada and the U.S. to 12.
“Things are moving even quicker than we could have expected,” says Tom. “We have a list of more than 100 franchise prospects and investors from around the U.S., Canada, and Western Europe. We don’t see the growth slowing down any time soon.”
Tom and Bob were recently featured on Bloomberg TV’s “Bloomberg The Mentor,” where entrepreneurs from around the U.S. get the chance to garner real-life advice from some of America’s best-known CEOs. The BungoBox co-founders had the chance to work CEO Mark Lore (the successful entrepreneur who sold diapers.com for $570 million) on how to scale their rapidly growing business.
Here’s a little teaser:
To watch the full episode and learn more about the BungoBox franchise opportunity, please click here.